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UAE Retirement Visa
From ~USD 2.0M
1-2 mo · 30yr to citizenship
Europe
Spain Golden Visa
Spain's investor visa program closed to new applicants in April 2025. Existing permit holders retain their status with path to citizenship.
Program overview
- Status
- Discontinued
- Minimum Investment
- EUR 500K
- Established
- 2013
- Processing Time
- 2-6 months
- Schengen Access
- Yes
Investment options
Real Estate
EUR 500K
Citizenship requirements
Eligibility
After 10 years
Language
Not required
Test
Not required
Key benefits
Schengen area access
Travel to 26 Schengen countries
Family inclusion
Spouse
Dependent children up to age 18
Parents
Tax situation
Default Rates
- Eligibility
- Any resident
- Duration
- Indefinite
- Income Tax
- 19-54%
- Foreign Income
- Taxed
- Capital Gains
- 19-30%
- Dividends
- 19-30%
- Wealth Tax
- 0.2-3.5%
- Inheritance Tax
- 7.65-34%
Beckham Law Tax Regime
- Eligibility
- Not resident prior 5 years
- Duration
- 6 years
- Income Tax
- 24% up to EUR 600K47% above
- Foreign Income
- Usually exempt
- Capital Gains
- Exempt
- Dividends
- Exempt
- Wealth Tax
- Foreign assets exempt
- Inheritance Tax
- None
| Tax Type | Default | Beckham Law Tax Regime |
|---|---|---|
| Eligibility | Any resident | Not resident prior 5 years |
| Duration | Indefinite | 6 years |
| Income Tax | 19-54% | 24% up to EUR 600K47% above |
| Foreign Income | Taxed | Usually exempt |
| Capital Gains | 19-30% | Exempt |
| Dividends | 19-30% | Exempt |
| Wealth Tax | 0.2-3.5% | Foreign assets exempt |
| Inheritance Tax | 7.65-34% | None |
| Learn more |
Program details
Spain closed its Golden Visa program to new real estate investors on April 3, 2025. The twelve-year run had granted residence permits to over 22,000 foreign nationals.
The decision came after mounting pressure over housing affordability. Prime Minister Pedro Sanchez argued the program had turned property into a speculative asset rather than a basic right.
During its operation, the program required a minimum EUR 500K real estate investment. Investors needed only minimal physical presence while enjoying full Schengen travel rights.
Existing holders can continue to renew and pursue citizenship through standard naturalization, which requires ten years of legal residence. Applications submitted before April 3, 2025 are being processed under the original rules.
The closure follows similar moves by Portugal and Ireland, reflecting broader EU concerns about investment migration. Spain's Beckham Law continues to offer significant tax advantages for new residents.
Interested in Spain's Golden Visa?
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Schedule consultationOther Residency programs
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